Man The following table shows the relationship between your wealth in thousands of dollars) and your utility: Wealth Utility 5 15.0 10 23.0 15 30.0 20 36.0 25 41.0 30 46.0 35 50.0 a You can invest in asset A, which offers a riskless payoff of $15,000 or in asset B, which pays $5,000 with 40% probability and $25,000 with 60% probability. Which investment do you choose? O A. A, because it is riskless. OB. B, because its expected utility of 30.6 is greater than the utility of A. OC. B, because its expected utility of 31.6 is greater than the utility of A. OD. A, because its utility is greater than the expected utility of B, which is 28.4. Marks Which of the following is the best example of adverse selection? O A. Jill, a clothing store employee, is trying to work as little as possible, when her supervisor is away. OB. Jack is a risk-taker, which makes him more likely to apply for a bank loan. O C. Jeremy does not like adversity, so he tries to avoid interacting with difficult clients. a OD. John just received a loan for his snow removal business, but then decided to use the money to play poker in Montreal casino